3 months ago
1
The Communist Party of India(Marxist) Andhra Pradesh Committee has described the State Budget 2026-27 arsenic regressive and harmful to development, nationalist payment and societal justice.
In a connection issued connected Saturday, CPI(M) State caput V. Srinivasa Rao said the government’s imaginativeness of ‘Viksit Andhra Pradesh’ appeared confined to rhetoric, with small grounds of factual implementation.
He alleged that the Budget had failed to honour cardinal assurances made nether the Super Six scheme, including monthly fiscal assistance of ₹1,500 to women and outgo of unemployment allowance. He cautioned that the projected fiscal shortage of ₹75,000 crore could yet spot an further load connected the people.
Mr. Srinivasa Rao expressed interest implicit declining State revenues and a autumn successful superior expenditure. Of the ₹98,000 crore projected nether the superior account, astir ₹76,000 crore was projected to beryllium mobilised done marketplace borrowings, which, helium said, would further summation the indebtedness burden.
He criticised the simplification successful allocations to agriculture, agrarian development, education, payment and powerfulness sectors. With lone 4% of the Budget earmarked for agriculture and constricted proviso for terms stabilisation, irrigation and enactment to tenant farmers, the enactment alleged that the interests of the farming assemblage had been neglected. It besides pointed to the lack of clarity connected rehabilitation funds for the Polavaram task and inconsistencies regarding its completion status.
Calling for enhanced nationalist concern and focused enactment to backward regions, Mr. Srinivasa Rao urged the authorities to realign its priorities to guarantee equitable and sustainable development.
